USDC

kogmaa

That’s a solid argument. I’d guess that USDC will have a bigger share of the stablecoin market in Europe since it’s established and markets are available on big exchanges, but RUSD (despite the stupid name) might snap up some of it.

xSilentNinja

You should remove the thought of "income" in crypto. If you want to put your money into a long term investment (high risk), the only one you should consider with a 4+ year timeframe is Bitcoin. Are you likely to have a 100%+ increase in your portfolio with Bitcoin over 4 years? Probably. Are you also likely to have a 60-70% drawdown in the bear market? Probably as well. If you want to not be exposed to market price movements (low risk), you can consider stablecoin yield farming. USDC & USDT are fine and likely will continue to be fine, but understand they are still centralised stablecoins. Theoretically the companies can collapse at any time, or the stablecoin backings (US Govt Treasuries) can collapse, or the companies can outright freeze your stablecoins (if you do something illegal). You also have to trust whatever protocol you are going to deposit your stables in. Be it CEXs like Binance or DeFi apps like Aave. Theoretically a vulnerability in the code of the protocol can be exploited. Yields in crypto also generally fluctuate a lot. Aave right now is offering around 20% APY on stables, but that's because we are in a bull market. In bear markets they are closer to the risk free rate (2-3% last bear market). Whatever you choose, just be aware of the risks. There are other risks too like opsec, getting your wallet hacked, signing a malicious txn, losing your seed phrase, etc. Nothing is risk free in this world. Pick your poison.

Swissstuff

Another great call, I know coinbase used to let you do 5 USDC transfers for free per day, but Idk if they still offer it

chainer3000

Buy USDC for free/ no fee via Coinbase -> send USDC to self custody wallet -> swap using LLM. Basically free. Alternatively, there are tons of on ramp services that take next to nothing

GreedVault

>Lets say that 10k USDC becomes 100,000 you sure bro? not 10k -> 0.1k?

ToxicBTCMaximalist

Just to be clear selling USDC to USD is a taxable event with 0 loss or gains so the taxable event isn't really an issue.

MichaelAischmann

You posed the condition to “directly pay using USDC” & that only works on crypto rails.

what-go

Use Coinbase advanced and do a limit sell. Probably the easiest would be to do a BTC-USDC. You can then convert USDC to USD very easily.

Elean0rZ

Yeah I think it's pretty much a non-issue in practical terms. Even for exchanges that can't keep trading it, there will presumably be a transition period where users can switch to alternatives. We have the same thing here in Canada--no USDT on Canadian exchanges. I can still self-custody USDT if I want to; I just have to swap it to USDC or whatever via a DEX if I want to trade on a Canadian CEX.

PineappleResident254

So i would love some help since I am a bit of a noob. Does it matter which pair I use for selling. I bought BTC using BTC/USDT pair. Could I use BTC/USDC pair to sell. I own BTC, so does the pair matter? I understand converting USDT itself to USDC since the first one won't be available anymore. I just need some explanation for the crypto part.

nicoznico

Just use USDC, that’s the better idea anyways

MadFroGBG

I have open orders on USDT pairs what will happen with them??? I have no problem with converting my USDT to another stablecoin once my orders are executed but i find it logical the exchange to move the orders automatically to USDC or just cancel them with a warning no?

R4gNb

Swap USDC problem solved

badabimbadabum2

I am holding 35K USDC, is it safe? I mean lending, which gives 4,4% interest every day.

TheShtoiv

We will either use USDC/EURC or trade USDT through DEX

devCheckingIn

I used the Coinbase Wallet phone app to transfer my USDC and the fees were covered because I have a Coinbase One membership. I don't know why I wasn't able to do this in the browser version of the Wallet. They're like two completely different user experiences.

devCheckingIn

Awhile ago I sent $5 USDC from Coinbase Exchange to my Coinbase Wallet (on Base network because it's "free") just to see how it works. Trying to get it from the wallet back to the exchange has just been a hilarious pile of turds. I need a tiny bit of ETH to do it. I have ETH on the exchange but I can't send just a tiny bit because there's a transfer minimum. Ohh and I need cash in the account to send ETH to my wallet because there's a fee for that too. So if I transfer ETH to my wallet and then transfer the USDC back to the exchange and want to transfer the leftover ETH back to the exchange also, that will probably require more ETH and cash to pay another fee. Holy crap I'll just stick with banks and ACH please. You guys gotta figure this shit out if you want anybody to ever use this. Banks are less parasitic.

coinfeeds-bot

tldr; A wallet linked to North Korea's Lazarus Group lost nearly $400,000 in cryptocurrency trading within two days. On December 18, the wallet deposited 476,489 USDC and went long on Ethereum at $3,791. However, Ethereum's price dropped to $3,251 by December 20, resulting in a loss of $399,954. The wallet made a USDC withdrawal of $18,197 on December 21. The losses could be higher due to potential early liquidation penalties and transaction fees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; North Korean hackers, linked to the Lazarus Group, were liquidated for nearly $500,000 on the DeFi protocol HyperLiquid. This incident has raised concerns about potential security threats, as HyperLiquid relies on just four validators, making it vulnerable to attacks. The Lazarus Group has a history of exploiting such vulnerabilities, as seen in past incidents like the Ronin Bridge hack. While some dismiss the concerns as FUD, others worry about the security of the $2.3 billion USDC backing the network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

inshallah-war

Sounds right, yet it is not. It is worth taking your time to understand this. When you sell AERO, nobody actually buys it. It is added to the liquidity pool LP), USDC is taken out of it, and the new amounts of AERO vs uSDC in the LP define a new price. Thus, all buying and selling is absorbed by the LPs. This is different from e.g. the stock market or the art market.

LEMrrp

Nothing unless you sell them to get another crypto xD You just need to buy another stable coin proposed by MiCA, for instance, USDC or EUROC (dunno how to properly write euro equivalent) if you r German write me private, I will answer your other questions

deviantgoober

Hes using the money his company is paid in the currency of other countries and converting the other country's currency into USDC so it doesnt fluctuate since foreign currency doesnt hold as stable a value as the US dollar and im guessing he is able to transfer the USDC state side quicker and cheaper than going through banks.

Grunblau

I have a friend that moved his zero interest savings to CB to buy some XRP the day after it 400Xed… I said… good plan, you should convert that to USDC so that you can get the 4.5% interest. He said it’s all going into XRP…. Told him to DCA because that was a big move. Hope he listened and I hope it wasn’t his life savings.

Fantastic-Ad548

There are many exchanges where everything is paired with USDT and most of the time they don’t even have USDC or other reliable stable coins. So what is their safest option to swap to with low loss of value/fees ? Bitcoin

Npr31

I’ve found in the past just putting it as USDT/USDC (whatever stablecoin us your poison) and waiting for a quiet day to actually transfer to fiat. Last bullrun remember seeing a few trying to cashout getting in a tizz for one reason or another on busy days)

Tip-Actual

Better to just use a dex depending on the coin you're selling. For e.g any EVM related coin can be swapped for USDC and that USDC can be sent to Coinbase and converted to USD fiat and sent to bank free of charge.

ElPeroTonteria

I’ve moved USD both directions w Coinbase, no problems. What I would do I be holding USD on Coinbase, not stable coins because there’s a difference… If someone moves in a coin to Coinbase and sells it, that’s not a problem (it’s their business model ffs)…I can see where you’re moving in USDC from several wallet’s across the web and multiple other coins then cashing all that out might trigger a pop-up for someone… but, so long as you’re verified and KYCd, then you’re good

AuspiciousEther

I think they mean these whales had leveraged longs open on DeFi markets, and needed more USDC collateral to prevent liquidation of their longs.

sogdianus

As others have already pointed out, you really want to look into what exactly stablecoins like USDT or USDC are. If you buy 100 USD worth of USDC today, your USDC will still have the same worth relative to USD in 5 years. Stablecoins do not have price appreciation so there is no “10x” possible

bzzking

I've been transferring $USDC from Solana wallet to Coinbase CEX. Is there a much cheaper token to transfer from SOL wallet to Coinbase CEX?

Renowned_Molecule

EU for now… But, we shall see what they do in the near term. Will they allow an audit finally??? So far just attestations that are posted online and a child could read them. USDC has been around for years but they are only a Stablecoin and nothing more. Keep researching because it’s possible there is a better option.

goldyluckinblokchain

Tether for wife changing gains and USDC for wife changing losses

tinybarrelsplz

Well from my limited experience / understanding - yes. If you don't set a stop loss you will get liquidated which means you lose 100% of your collateral. I've played around with margin on some DEXs a bit and you can use like USDC or anything they accept as collateral say I put $1000 I can use that to leverage BTC say a 5x or even 100x leverage - the higher the leverage the less the price has to drop for you to get liquidated. So if I take 10x leverage its like buying $10k worth of BTC but if the price drops like 10% I lose my $1000. Also there was fees involved with borrowing and stuff.

coinfeeds-bot

tldr; World Liberty, a crypto project backed by the Trump family, purchased 759.36 ETH for $2.5 million amid a market dip. The transaction was completed using USDC via Cow Protocol, with an average price of $3,651 per ETH. This move comes as Ethereum and other cryptocurrencies experienced significant declines, with ETH dropping to around $3,100. Despite the market downturn, World Liberty's crypto holdings are valued at over $73.9 million, with approximately 16,400 ETH worth $53.73 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

LargeSnorlax

I don't see any reason not to use USDC. I stay away from Tether in general and all the others are too niche to bother with.

watch-nerd

USDC for sure. Headquartered in US, ranked highest by auditors. Investments from BlackRock and Fidelity. Licenses in 49 out of 50 states. Mostly highly vetted.

_TheWolfOfWalmart_

I don't fully trust any of them. I think spreading your stable funds across USDT, USDC and DAI for long term storage is a good move.

Electrical-War9253

USDC

jawni

>Can you store tokenized real world assets in the wallets you named? Literally every wallet in existence can do that... that's why I find this distinction to be so funny. RWAs are linked to things in the "real world" but as far as the network/wallet is concerned, it's just another token. Whether you're tokenizing $1,000,000 USD into 1,000,000 USDT/USDC or you're tokenizing the Hope Diamond into 1,000,000 tokens of fractional ownership, the network/wallet typically makes no distinction. There would need to be some further level of utility beyond just storing them for it to be a "RWA wallet", otherwise every wallet is just a "RWA wallet" too. >LTO will airdrop tokenized Rolex and art in the near future. This has been done plenty already, Own The Doge, ArtSquare, ConstitutionDAO(tried), and others. https://blockapps.net/blog/case-studies-successful-tokenization-of-famous-artworks/

ProduceKey6601

I submitted a complaint to the cftc. i sent 98USDC. on their site it says partially paid even though the receipt i got states that the transaction was completed and when I asked for a refund they told me it would take 48 hours before they can issue it.

SpaceFaceMistake

This is no flaw. This is economics macro economics of the world. What does everyone buy crypto with ?? If they start out? It’s cash or Fiat. And even THE whales put their pay checks or earned Fiat into $BTC or crypto whatever it may be. So the issue you think is an issue is not. I mean it is…. But it’s not an issue that can be like fixed via eg stopping Fiat use for crypto acquisitions.. then it’s only crypto or gold or what? Other stocks can be swapped what about digital stable coins that are pure crypto backed by Fiat or gold or digital $BTC? If we went to the “no Fiat” only stocks can be exchanged or used to aquire crypto or other crypto then people flow Fiat into the NATIVE Fiat Markets which can be used to get BTC ETFS OR OTHER indexes with $btc as a major asset in the index or portfolio. So then the Fiat goes to those markets then ACCUMULATE ANY STOCK or commodity BONDS? Maybe idk but then exchange Tesla stocks for $BTC or sell off the $TSLA for $DAi etc not a stable $ dollar Fiat but a stable to $1 crypto. Or if Dai isn’t that then the coin that is.. Then the TAX ENDS when selling OR SWAPPING either for a special crypto for “Exchanging the stocks into crypto that are exchange managed or one across the board” so when sell the $TSLA you get for the $5,000 worth $5,000 in $CRYPTOON (if you choose) can also choose Fiat but Tax continues.. so get the EG $5000 $CRYPTOON which is the only asset or one of them that can be used to AQUIRE any or many specific or even just $BTC chain coins. Which you should know what coins are on it. Know what isn’t like some If its forks aren’t even apart of the BTC ecosystem anymore as new areas they cover have become a new thing and they moved over. But imagine if this was true and we then after getting $5,000 CRYPTOON you pay the last tax on the $TSLA profit or income tax then the $5,000 CRYPTOON is treated like crypto and is crypto on whatever chain that is best maybe all of them. You then use that balance or coin to buy on market or via market limit order or swapping via wallet one coin for another. Then the other cryptos work as they work but some should be purged no JOKE. We need a purge project that checks every coin every day every minuite via AI and finds the shittest coins with scam found problems or phishing or other virus malware on website or app or coin whatever and it’s hit with attacks via white hacking to take it down or make it not possible to trade or move the coin. Not for all users but for makers the owners who may been scammed or lured have their funds removed and replaced for the same $ value and notified that eg $PURGECOIN HAS purged your abc123 balance as it’s been found to be running phishing scams and malware attacks. Please follow our “I’ve had my coins swapped to $CRYPTOON’s and got message about scam coin” article and see what you can do to stay safe. We are sorry this happened but as you know or if you want to re look at the privacy and product policy you agreed to explains this is possible in these volatile ever evolving markets within cryptocurrencys and “meme” or other “new” coins or tokens rather. They aren’t coins all new tokens are that and only become coin if it becomes widely adopted I mean EVEN DOGE COIN IS A TOKEN. It isn’t regarded as a coin as it’s to new and not fundamentally something that stays the same value. That’s why only $USDC (C for coin) is listed as a coin or if it’s another stable “coin”

sevaiper

Some say if it isn't USDC

potatowafflesnz

USDC sitting pretty amiright guys

conceiv3d-in-lib3rty

I see no reason why you shouldn’t be able to just convert your USDC into SUI here. Coinbase supports native USDC on the Polygon network (and the SUI network as of a month ago, but that’s irrelevant to this situation). What is this swap function you speak of? You go to Buy & Sell, from there you select the convert option, choose your USDC as the FROM and SUI as the TO. There’s only one SUI and should be only one option to choose from when you search for it, so i’m kinda struggling to understand what you’re even looking at that is showing you “different SUI accounts”.

Physicalism

I'm not saying they sold for a loss. I'm saying they switched to USDC and sold *before* they lost. They most likely had a more educated idea about where the dump that just happened was going to land whether through intel or through the experienced analysts they've hired. And now it's time to buy back at the more efficient potential support level rather than 20-30% higher where I was just burning money. That's where I was recommended to buy at for entries, but I should've been patient, and waited for what just happened. I'm speaking specifically in the context of 10 days where we initially started dipping and have been breaking support over and over because we were in a short term dumpage within a long term bull market.

Goulart4

USDC in which blockchain? solana? ethereum?

biggballin420

I would just stack USDC and collect the small APY rates then start thinking of stacking on a 20%dip mayb 100 a week, get more aggressive if the dip hits 50% 200 a week and once the dip hits 70 get really greedy and DCA 200 a week and throw a thousand here a thousand there at dangerously low prices not financial advise but that’s exactly what I did last time around and I wanna blow myself that’s how happy I am

watch-nerd

USDC at $1.01! Woot!

watch-nerd

Took profits on Monday, sitting on nice pile of USDC, ready to play vulture capitalist on the panic sellers.

chandula666

From Circle! The USDC company. Thank you for asking these questions :D DM if you'd like to keep the convo going!

ChomsGP

You are mostly right but I wonder if you could argue moving the same currency (USDC) from a chain to another is not actually an exchange thus not a taxable event.

TopBubbly5961

It sounds like you've been through a lot trying to navigate the crypto market! It's definitely a rollercoaster, and it's smart to look at what experienced entities like BlackRock are doing. Your plan to move to USDC during dumps and wait for the market to settle seems like a wise strategy. It's all about learning from experience and adapting your approach.

chandula666

Agree, it can be a nightmare to report especially if you're in the US, there are services for that now though and since you're not getting any 'gains' from USDC, they will be taxed as ordinary income at the rate determined by your income bracket.

juss100

Let me get this straight. Every time there's a dip of any percent whatsoever you sell all of your holdings to USDC and then buy back in when the market has "settled". This sounds like fire. I say you make some youtube videos of this. Tell the whole damn world about it.

Chaotica_ETH

1) What information do you store about on the freelancer? Do they have to KYC or do you deposit to whatever wallet address the unverified account links to? 2) What are your fees like? 3) USDC on what blockchain? Assuming ETH, do you charge gas equivalent as a fee or an overestimated guess? Can you receive payment from other crypto? 4) Where is your company located and do you follow relevant legislation, or are you decentralized?

Smiling_Jack_

That would be a tax nightmare if you live in the US. Almost everything you do with crypto, including stablecoins, is a taxable event. Received USDC? Taxable event. Convert USDC to USD? Taxable event. Convert USDC on Polygon to USDC on Base? Taxable event.

biba8163

Gullbile noob. I posted this 4 years ago when people tried to call MakerDAO decentralized and that a change was made due to "governance" vote that was passed...they deleted the link to details of the "executive vote" proposal. You really have to be a crypto bro level of naive and gullible to believe that MakerDAO or any DAO is decentralized. All these are shitcoin token dumping scammers. > There are ELEVEN addresses that accounted for 98% of the voting for the protocol change for an "executive vote" used USDC. Eleven addresses control the entire protocol and a protocol change was voted in just...what 24 hrs? And most of those addresses are probably owned by a handful of people. I mean one guy, Rune Christensen, can control the whole protocol with his votes and 90% of the MKR tokens are owned by 100 wallet addresses. https://np.reddit.com/r/CryptoCurrency/comments/fl68d4/crypto_collateralized_stable_coins_have_proven/fkxc40i/

Altruistic-Bed-7785

Your issue is likely chain compatibility. If your USDC is on Solana, you can't trade it directly on the BNB Chain and vice versa. You’d need to bridge it or use a cross-chain DEX. Also, make sure you have enough gas (SOL for Solana, BNB for BNB Chain) to process the trade. Check if the DEX you’re using supports swaps on the chain where your USDC is stored. If not, you might need to move it to a compatible chain or platform.

Blunaja

I think they meant, USDC for the stable stuff

UpstairsAide3058

Bro your USDC is gonna pump so hard! That’s the best one. Gonna moon to 9-10$ watch 🤦‍♂️

getupforwhat

Dump it into USDC and wait

EthereumJesusBro

Can’t wait for USDC $2!!!!

stamatov

Can someone explain to me why people have USDC. I mean what is the reason to keep USDC long-term? That is total nonsense for me. Keep USD in the bank if you like it that much, why convert to crypto to keep a stable coin? Short term, for trading or whatever I get it, I do it myself. But for the long-term, for 2025 as investment...

cryptolipto

UST was backed by Luna which was a volatile asset that was inherently worthless. USDC is backed by US treasuries https://www.circle.com/usdc USDC can’t unwind like UST did *unless* the USA implodes

cryptolipto

⬆️ this guy doesn’t understand the difference between Luna UST and USDC. Sad.

matthewshimself

USDC

matthewshimself

USDC

reliable35

Reality is best risk adjusted return is. 80% BTC & 20% ETH. That’s where you want to be eventually but with Alt season coming soon, you want to try & get max gains taking some more risk. USDC is if you want to de-risk some more before the bear market. But I’d say try & main some gains on those Alts & take profits into BTC & ETH as the bull market plays out.

Quirky_Platform940

Garbage. Do not buy into bull market. Study previous cycles and buy int bear. Study onchain etc. Here's mine study which i use over 4 years. https://www.tradingview.com/chart/BLX/foVWnGZa-BLX-is-halving-a-restart/ Do not think history will repeat. Use trendlines on higher tf. DCA only into BTC (start around mid 2026 ) and when BTC.D (i use (TOTAL2-USDT-USDC)/BTC, ) will be ready rotate some of BTC into alts (around 2028) for alts look only on alt/btc chart. Usdt denominated doesn't give much information.

Gofrito3000

Thanks for the reply! That's what I thought that $100 in BTC at 108k is not worthy. Just to understand, why buying USDC? (Maybe it's a stupid question) But why would I change euros for USDC if it stays stable? (I am European BTW) Thanks!!!

reliable35

Forget BTC at $100 every 2 weeks - for now.. it will get you nowhere. That’s a great selection of Alts. Start increasing your holding of BTC, ETH & USDC as the cycle continues.. but for that’s a good start..

Present_Bill5971

I've tried it and it works. Use BASE for EVM since it's cheap. You deposit USDC and get a virtual credit card. You can add it to your phones digital wallet or online purchases you can fill in the credit card infor Lido provides and they both work. There's a deposit fee and I imagine a fee for any foreign exchange but should be useful for travel or if in a bind and you have some crypto to be able to buy some food at a grocery store

jjd1226

While it’s true that banks still hold **Currency A** initially, XRP’s role is to remove the need for **pre-funded reserves** in the destination currency (**Currency B**)—which is where liquidity gets trapped. Stablecoins (like USDC) don’t solve this: * **Reserves Are Still Needed**: A bank would need to hold reserves of the stablecoin (USDC, RLUSD, etc.) in each jurisdiction they do business with. This **recreates the pre-funding problem** because they’re essentially holding stablecoins instead of fiat—capital is still trapped. * **Regulatory Barriers**: Stablecoins face heavy scrutiny, and not all jurisdictions allow their use as settlement vehicles. XRP, as a neutral and compliant bridge asset, avoids these regulatory issues. XRP eliminates the need for reserves in **Currency B** because it **bridges liquidity on demand**. It’s a tool, not an asset that sits in accounts. For example: * Banks only interact with XRP momentarily (3–5 seconds) to facilitate liquidity. This frees up **working capital** across all corridors, not just one or two. In contrast, stablecoins only shift where reserves are trapped rather than solving the root problem. # 2. Why Not Use Direct Swaps Like Uniswap? Here’s where XRP shines compared to (DEX) solutions like Uniswap: * **Liquidity Depth**: Uniswap relies on decentralized liquidity pools, which work well for smaller transactions but struggle with high-value payments. A $50 million corporate payment would face **slippage** (price volatility from insufficient liquidity) or significant fees on Uniswap. XRP’s utility as a **global bridge asset** is designed to handle these large, institutional-grade settlements without slippage or inefficiencies. * **Settlement Speed**: Uniswap transactions on Ethereum can take **minutes** to settle (depending on network congestion), whereas XRP transactions settle in **3–5 seconds**. For institutions that move trillions of dollars daily, settlement speed and certainty matter. * **Capital Efficiency**: Uniswap’s liquidity pools require providers to lock up large amounts of assets to ensure liquidity. XRP, on the other hand, enables **on-demand liquidity** without requiring institutions to pre-lock funds into pools. This creates a far more scalable solution. While Uniswap and other DEXs are excellent for retail and DeFi use cases, they’re not yet viable for **cross-border, institutional payments** at scale. XRP fills this gap with: * **Low Fees**: Less than $0.01 per transaction. * **High Throughput**: 1,500 transactions per second (TPS) and growing. * **No Pre-Funding**: It removes the need for capital to sit in liquidity pools or accounts.

PirateSKB

>USDC on Algorand went from 120% APR on Tinyman to like 60% 120%...that's...hmm...do you trust keeping large sums on money in something that earns that kind of interest? lol

PirateSKB

> Coinbase offers like 4.25% on holding USDC Ye true, but with rates lowering in 2025, Coinbase will probably keep lowering USDC rates too. I've kinda been thinking about parking some cash in crypto, but I kind of also want to keep some of my monies separate since i'm already happy with what I have invested in crypto. I'm not 100% sure on what i'm gonna do yet though tbh

_TheWolfOfWalmart_

Coinbase offers like 4.25% on holding USDC. Makes me a little more nervous than holding it in a real bank though.

Grunblau

Yeah I feel ya…. USDC on Algorand went from 120% APR on Tinyman to like 60%

NFTbyND

Do you still have access to your funds? If so, it might be a good idea to keep a large portion in USDC while you start looking for another bank. Ask them beforehand it is okay to deposit the funds there and try to do the paper work in advance. I know its horrible, but make it as easy for them to understand how you got your money so they don't screw you over.

KodaLG

Isn’t USDC traceable though?

watch-nerd

I leave it in USDC earning interest

Odlavso

If you scam people trying to steal someone else’s USDC is it wrong?

pedronegreiros94

Anyone here in liquidy pools? AVAX-USDC on Avalanche with pretty high APY.

GrooovyGorilla

The RLUSD stablecoin runs on the XRP Ledger. Every RLUSD transaction will burn XRP and add liquidity to the XRPL. Cross border transactions from the USA will go from RLUSD --> XRP ---> Euros / Pesos / Etc. Or they can go directly through XRP. Other countries in the world will have cross border transactions that go from one currency to another using XRP as the intermediary. For example from Indian Rupees ---> XRP ---> to Argentine Pesos. USDC and GUSD are both stablecoins that run on the Ethereum blockchain and have helped to greatly increase the price of ETH. The same thing will happen for XRP. Due to the EU's new MiCA regulations, USDT will be delisted in the EU and RLUSD will replace it. RLUSD is a big deal!

RefrigeratorLow1259

Hopefully good competition to USDC and USDT! Hopefully on Cardano soon!

f0o1g11

their native coin is USDC i'm sure they get a lot of direct and indirect revenue from it Circle is closely related to coinbase